Wdenvernuggets Basketball Betting News

<< Mural of LeBron James removed in Cleveland
CLEVELAND (AP) -LeBron James has left the building.Workers have removed a gigantic Nike banner featuring James, a sign that hung on the side of a downtown building for years and served as a background for the Cleveland Cavaliers' success during the

<< Woods to play with Rose in first two rounds of British Open
St. Andrews, Scotland (Sportsbook Betting Lines) - Tiger Woods and Justin Rose, the world's top-ranked player and one of the hottest players in golf, respectively, will be paired together for the first two rounds of the 2010 British

<< Report: Suns close to acquiring Turkoglu, Childress
Phoenix, AZ (Sportsbook Betting Lines) - The Phoenix Suns are reportedly close to replacing Amare Stoudemire with a combination of Hedo Turkoglu and Josh Childress, according to The Arizona Republic. The report states that the Suns wo

<< Ferreira equalizer forces Seattle to share points with Dallas
Seattle, WA (Sportsbook Betting Lines) - FC Dallas got a late goal from Colombian midfielder David Ferreira to earn a 1-1 draw vs. the Seattle Sounders FC in Major League Soccer action in front of over 36,000 fans at Qwest Field on Sunday

American League mid-term grades >>
Philadelphia, PA (Sportsbook Betting Lines) - There have been plenty of storylines to keep us busy during the first half of the American League schedule, and a number of surprising ones at that. From the travels of Cliff Lee to the exploits of Robinso

National League mid-term grades >>
Philadelphia, PA (Sportsbook Betting Lines) - In the National League, those preseason predictions are little more than a distant memory. A pair of surprising teams have emerged -- the Cincinnati Reds and San Diego Padres -- at the top of the class, while

Blackhawks re-sign assistant coach Haviland; add Kitchen to staff >>
Chicago, IL (Sportsbook Betting Lines) - The Blackhawks on Monday re-signed assistant coach Mike Haviland and named Mike Kitchen an assistant coach. "Adding Mike Kitchen and bringing back Mike Haviland bolster what is already a tremendous coaching

Seven finalists return to Walter Payton Award Watch List >>
Philadelphia, PA (Sportsbook Betting Lines) - The race for the 2010 Walter Payton Award, sponsored by Fathead.com, kicked off Monday with The Sportsbook Betting Lines's announcement that seven finalists from last season are part of a stellar 20- player Watch List

MySportsbook.com and Kentucky Derby Offer Bonuses
The 2008 Kentucky Derby has announced a $1-million bonus for this weekend’s 134th ‘Run for the Roses’ and MySportsbook.com is doing the same.

Well, not quite $1 million, but MySportsbook.com is offering a 75% rebate for Kentucky Derby lines. Check out the exclusive horse racing bonus for all the details.

According to MySportsbook.com, the favorites for Saturday’s Kentucky Derby at Churchill Downs in Louisville, Kentucky are: Curlin (+250); Street Sense (+500); Scat Daddy (+700); Circular Quay (+750); and Nobiz Like Shobiz (+800).

Derby organizers announced this week that there will be a $1-million bonus at the 2007 Kentucky Derby odds if the first-place horse wins by more than 6 1/2 lengths – the margin of Barbaro's victory last year. The bonus would be divided Saturday among the winning trainer, jockey, owner and a charity, with each receiving 25 percent. The designated charity is the Barbaro Memorial Fund.

''It's certainly creative, it's certainly fun and it has something for the horsemen, which we always want to embrace,'' Churchill Downs president and chief executive Robert Evans said at a news conference. ''What's really cool is it will force us to remember Barbaro.''
    
Meanwhile, the Derby favorite – Curlin – is going against the odds this year. It's been 125 years since Apollo won after skipping his 2-year-old season, and not since Regret in 1915 has such a lightly seasoned horse worn the blanket of red roses.

Arkansas Derby winner Curlin – unbeaten in three career races – tries to overcome both those obstacles in Saturday's 133rd Derby.

''We're not running against history,'' trainer Steve Asmussen said Monday. ''We're running against who they load up.''

Six other horses have run in the Derby without benefit of 2-year-old races and with three or fewer starts. The best any of them managed was a sixth-place finish by Showing Up last year.
   
Asmussen dismissed suggestions that Curlin's lack of racing experience could keep him from the winner's circle.

”He exudes confidence and he's got a great presence about him,'' the trainer said. ''I feel great about the position we're in. He's not worried about anything, why should you be?''
   
The Kentucky Derby is at 4:04 p.m., ET Saturday.

For complete odds on the Kentucky Derby, visit MySportsbook.com. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards.

SPORTS BETTING

In terms of sports wagering, the NFL is "the most popular game in town." The explanation behind that is easy.

It is called the "pointspread."

Many years ago, NFL games, as well as the more popular college games, used straight odds as a vehicle for betting. For example, if the Bears were playing the Giants, and it shaped up as a competitive contest, the Bears might be, say, a 7/5 favorite. If they were playing an also-ran, it might be 10/1. Well, there is a point where a line becomes prohibitive, as far as betting the favorite. And who would waste money betting an underdog that has virtually no chance? Such a setup did not contribute to promoting betting action.

But in modern sports betting, a "pointspread" is used.

A NFL pointspreads are exactly that, a pre-established point difference between the two sides that will, for all intents and purposes, create a handicap that evens things out, and in doing so, produces comparable wagering activity on both sides of that proposition. So in lieu of a odds figure in which to bet the team to win outright, the Bears might be a three-point favorite over the New York Giants, and a 17-point favorite over the also-ran. Now that the team that is the underdog can "get" points, there can be equal action on both sides.

In sportsbooks, this is usually done with efficiency by charging the losing bettors 10% extra - in effect, bettors are laying 11/10 on those games. So they are actually betting $110 to win $100. If they lose, they pay the "vig." If they win, they simply collect.

The establishment of the pointspread as the corner stone around which team sports like football can be wagered upon was truly what brought gridiron betting into the stratosphere for online football betting .

Don't believe it? Just take a look at what happens around the Super Bowl.

Stay with us here as we take you through the best in NFL action on a consistent basis, with advice columns as well as handicapping selections. If you're looking for college football betting, that's in our NCAA section, which you can reach by clicking here. And if you're looking for a different kind of football, such as the Canadian Football League, which we'll deal with occasionally, or the Arena Football League, which we really like, you can find it in our Miscellaneous section by clicking

Note: Monday night game will be picked Monday. Lines used are from football betting odds .
To visit this online sportsbook got to MySportsbook.com for all your football betting needs. Mysportsbook.com online sportsbook betting credit cards